Bahrain central bank trials JPM Coin
The Central Bank of Bahrain has teamed up with JP Morgan's blockchain and crypto unit Onyx to test the Wall…
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KWM Strengthens Middle East Presence
Asia’s top tier international law firm King & Wood Mallesons (KWM) is continuing to strengthen its Middle East practice with…
Who’s Who: Obaid Abdullah Al-Rasheed, CEO & managing director of Arab National Bank
Obaid Abdullah Al-Rasheed has been the managing director and chief executive officer of the Arab National Bank since February last…
CBB, ALBA, Bank ABC and Onyx by J.P. Morgan complete test with blockchain based JPM coin system
As part of the Central Bank of Bahrain’s (CBB) vision to improve customer experience for safe and efficient settlement solutions,…
HSBC Private Bank Lures Record $3.2 Billion Into Alternatives
HSBC Holdings Plc’s private bank raised a record of about $3.2 billion for alternative investments from its clients globally in…
Future Fintech’s FTFT Capital launches cryptocurrency platform
Future FinTech Group (FTFT), a blockchain-based e-commerce business and a fintech service provider, has announced that its subsidiary, FTFT Capital…
ADIB hires global transaction banking head
Abu Dhabi Islamic Bank (ADIB) has hired Mark Emmerson as its new head of global transaction banking, starting with immediate…
Adel al-Sharkas appointed Jordanian new central bank governor
Adel al-Sharkas has been appointed as the new central bank governor of Jordan, replacing Ziad Fariz, the office of the…
Saudi Superyacht Dispute Pits Credit Suisse Against Gulf Prince
Credit Suisse Group AG is pursuing a Saudi prince in court, alleging he failed to repay the bank around $78…
HSBC and Saudi National Bank create first sustainable finance framework
Saudi Arabia's largest banking group, Saudi National Bank, has become the first in the Kingdom to create a Sustainable Finance…
UAE Faces Risk of Inclusion on Global Watchlist Over Dirty Money
The United Arab Emirates is at increased risk of being placed on a global watchdog’s list of countries subject to…
Princess Haya’s crazy rich Dubai life
In one of the most expensive divorces in history, the ruler of Dubai, Sheikh Mohammed bin Rashid al-Maktoum, was ordered…